Local areas get breakdown in first stage of 拢14bn funding boost
Government delivers on its promise to level up school funding across the country
The Government is today (19 December) informing local authorities across the country how much extra money they will receive next year from its multi-billion-pound investment in primary and secondary education.
In another step towards delivering on the government鈥檚 pledge to invest a total of 拢14 billion more over the next three years, the Department for Education has published a breakdown of exactly how much money is being allocated to local authorities in England next year (2020-21) based on the latest pupil numbers.
Every school will get more money for every child 鈥� 鈥渓evelling up鈥� funding and helping to spread equality of opportunity for all 鈥� with every school set to receive the new minima of 拢5,000 per-pupil funding for secondary schools next year, and 拢3,750 for primaries, rising to 拢4,000 the following year. There will be big increases for the schools that need it most.
School Standards Minister Nick Gibb said:
We are delivering on our promise to level up funding to make sure every school receives more money for every child in the classroom.
Investing an additional 拢2.6 billion next year and an additional 拢7.1 billion a year by 2022-23 is an investment in the education and future of our young people and the dedicated teachers and staff who support them.
Today鈥檚 figures follow the Prime Minister鈥檚 announcement earlier this year that the budget for schools and high needs would be increased by 拢2.6 billion next year, 拢4.8 billion in 2021-22 and 拢7.1 billion in 2022-23 respectively 鈥� plus an extra 拢1.5 billion per year to fund additional pensions costs for teachers.
This total includes 拢780 million extra in 2020-21 to help children with Special Educational Needs and Disabilities (SEND) to reach their potential. Overall, this will bring the schools budget to 拢52.2 billion by 2022-23.
In October, the Government set out provisional allocations for schools and local authorities under the National Funding Formula. Today, we are confirming those allocations for local authorities 鈥� based on the latest pupil numbers.
The extra money, available from April, will:
- Ensure that per-pupil funding for all schools can rise at least in line with inflation
- Progress the implementation of our National Funding Formula, delivering promised gains in full for areas which have been historically under-funded
- Help schools to plan their budgets for the next financial year